Price for Watch Movements; Complete and Assembled in Paraguay - 2023

Contents:

  1. Price for Watch Movements; Complete and Assembled in Paraguay (CIF) - 2022
  2. Imports of Watch Movements; Complete and Assembled in Paraguay

Price for Watch Movements; Complete and Assembled in Paraguay (CIF) - 2022

The average import price for watch movements; complete and assembleds stood at $23 per unit in 2022, waning by -4.9% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 27% against the previous year. As a result, import price attained the peak level of $26 per unit. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($452 per unit), while the price for Switzerland stood at $18 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+42.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Watch Movements; Complete and Assembled in Paraguay

Watch movements; complete and assembled imports into Paraguay skyrocketed to 178 units in 2022, rising by 16% compared with the year before. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 191%. As a result, imports reached the peak of 265 units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, watch movements; complete and assembled imports rose markedly to $4K in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 179%. As a result, imports attained the peak of $6.4K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Watch Movements; Complete and Assembled in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland2.01.21.63.217.0%
United States0.10.30.20.571.0%
China0.15.01.8N/A324.3%
OthersN/AN/AN/A0.40%
Total2.36.43.64.020.3%

Top Suppliers of Watch Movements; Complete and Assembled to Paraguay in 2022:

  1. Switzerland (176.0 units)
  2. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Watch movements; complete and assembled - Paraguay